Big Wheels: Porsche Financial Services issues first lease ABS deal since 2015
Lease securitization volume jumped 54.5% YoY in August
Porsche Financial Services contributed to rising lease volume in the asset-backed securitization market with an $850 million issuance earlier this month. The $850 million asset-backed securitization (ABS) issuance on Aug. 13 marks the first deal this year and first lease transaction since 2015 for Porsche Financial Services (PFS), according to Finsight, which monitors securities. . […]
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